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The power minister said that although customers were expressing dissatisfaction with the Band A tariff, they understood that it remained a more economical option compared to producing their own electricity using petrol and diesel.

The Minister of Power, Adebayo Adelabu, has indicated that it could cost private companies as much as N750 to produce one kilowatt-hour of electricity due to the elevated price of petrol.

Adelabu stated that the expense of generating power will amount to N950 for each kilowatt-hour for those utilizing diesel engines.

He contended that these costs exceed the N209 per kilowatt-hour that Band A customers are currently paying.

He said, “I need to correct an impression. There’s a section of the media that says this revenue is an additional burden on the consumers. No, it is not. It is just a mere reallocation of resources from what they used to spend on petrol and diesel. Now they are paying to enjoy a good power supply.

“But today that we have a more stable supply than we used to have, a lot of people do not spend on fuel again, not on diesel, not on petrol. Now, we are charging N209 as a full cost-reflective tariff for Band A, but for you to generate a kilowatt hour of power using a petrol generator to pay, at this rate of N1,000 per litre, it is going to be about N750 for a kilowatt-hour; and for diesel, it remains about N915.

“So, power sector consumers are like a beautiful bride that has now tried two matrimonies. If they want to be sincere, they know which of the husbands to remain with.

“So, we are adopting commercialisation in the sector to enable investors to have a line of sight to the return of their investments.”

The Federal Government is set to initiate cash transfers aimed at assisting 20 million poor Nigerians.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has stated that the rise in Nigeria’s revenue for the 2024 fiscal year is being thoughtfully distributed across several social intervention programs designed to enhance the quality of life for citizens and tackle urgent societal challenges.

The minister announced that the social investment program aims to benefit 60 percent of the most disadvantaged individuals, impacting approximately 20 million people.

“In terms of revenue, the number one place to look was inwards, domestic resource mobilisation. That’s where the government started. By the first half of this year, revenue had doubled.

“Aggregate government revenue was more than doubled. And that was achieved by applying technology very robustly.

“We have applied technology in a way that essentially reforms the civil service. Rather than waiting for compliance from government ministries, departments and agencies and government companies, we looked at what the rules and regulations were, how much a company was allowed to spend on its revenue, and then how much of its surplus it had to provide to government.

“The social investment programme is spearheaded by direct transfers to reach 60 per cent poorest in the population. And right now, 20 million households are being supported directly. And it’s going to rise to, well, 20 million people, four million households so far, and it will rise to 15 million households who will be paid directly by the government.

“That is how President Tinubu’s government is spending the money which is being yielded from better oil production.”

A faction of the NWC of the PDP has announced the suspension of the acting National Chairman, Umar Damagum, and National Secretary, Samuel Anyanwu, citing accusations of disloyalty to the party.

Earlier, a faction within the NWC that loyal to Damagum declared the suspension of Kamaldeen Ajibade, the National Legal Adviser, and Debo Ologunagba, the National Publicity Secretary, citing accusations of disloyalty to the party.

Ologunagba revealed in a statement on Friday the suspension of Damagum and Anyanwu.

He said, “The National Working Committee (NWC) of the PDP has extensively considered the series of complaints raised against the Acting National Chairman, Amb. Illiya Damagum and National Secretary, Sen. Samuel Anyanwu particularly with regard to the letter addressed by them to the Court of Appeal in Appeal No:CA/PH/307/2024 against the party’s position in the case involving the 27 former members of the Rivers State House of Assembly who vacated their seats upon decamping from the PDP to the All Progressives Congress (APC).

“The NWC condemned this anti-party activity of the Acting National Chairman and the National Secretary which is in gross violation of the provisions of the PDP Constitution (as amended in 2017) and their Oath of Office.

“Consequently, the NWC, pursuant to Sections 57, 58 and 59 of the PDP Constitution, has suspended Amb. Illiya Damagum and Sen. Samuel Anyanwu as Acting National Chairman and National Secretary of the Party respectively and referred them to the National Disciplinary Committee for further action.

“In the meantime, the two officials are suspended from all meetings, activities and programs of the NWC pending the conclusion of an investigation by the National Disciplinary Committee.”

Meanwhile, In a statement released in the early hours of Friday, Chinwe Nnorom, the National Director of Publicity for the PDP, announced the suspension of Kamaldeen Ajibade, the National Legal Adviser, and Debo Ologunagba, the National Publicity Secretary. Nnorom also informed that the party has formed a committee, chaired by Deputy National Chairman (South) Taofeek Arapaja, to address and investigate the concerns that have been raised regarding these individuals.

He said, “The National Working Committee (NWC) of the Peoples Democratic Party (PDP) arising from its 593rd Meeting today, Thurday, October 10, 2024, has directed the National Publicity Secretary (NPS), Hon Debo Ologunagba and National Legal Adviser (NLA), Kamaldeen Adeyemi Ajibade, SAN, to step aside

“As a result, the NWC constituted a committee to be chaired by the Deputy National Chairman (South) H.E. Amb. Taofeek Arapaja, to investigate the issues raised against the officers in compliance with the provisions of the Constitution of the Party

“Following the NWC’s Decision, it directed their respective deputies (DNPS and DNLA) to assume office in acting capacity with effect from Friday, October 11, 2014, pending the conclusion of investigation by the Committee. The officers are:

“Ibrahim Abdullahi Manga, Acting National Publicity Secretary and . Okechukwu Osuoha, Acting National Legal Adviser

“The NWC enjoins all leaders, critical stakeholders, teeming members and supporters of our great Party to remain focused and committed as it pilots the day-to-day affairs of the PDP for its greater good.”

Nigeria spends more than N1 billion every month for electricity to operate its airports, according to Aviation Minister Festus Keyamo.

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STAND FIRM IN YOUR VISION: A MESSAGE TO MY FELLOW COMRADES.
By Mohammed Naziru Suleiman (Nazy Inyass)

Dear Young Comrades,

In the wake of our recent graduation from universities, polytechnics, and other higher institutions across Kogi State and beyond, many of us are at a crossroads, trying to find our footing in the challenging terrain of our society. Some among us have chosen to join the ruling party, driven by the hope of securing opportunities or for reasons best known to them. However, the recent Supreme Court ruling has caused a stir, leading some to second-guess their decisions, deleting social media posts, and rethinking their affiliations. This confusion highlights a deeper issue which means many of us do not have a clear understanding of what we truly want.

It’s crucial to realize that life after graduation is not just about aligning ourselves with those in power. It’s about having a vision for our future and consistently working towards it, no matter the circumstances. Joining a party or being known by the ruling class should never be the ultimate goal. Instead, we must ask ourselves: WHAT DO I WANT TO ACHIEVE? WHAT IMPACT DO I WANT TO MAKE? HOW DO I WANT TO BE REMEMBERED?

I think this advice from me will be of help in our struggle to make it politically and beyond:

We should Know What we Want: Let's spend time reflecting on our values, passions, and long-term goals. This self-awareness is the foundation of a fulfilling and impactful life. Once we know what we want, everything else becomes clearer.

Let's Stand By Our Vision: When we've identified our goals, stand firm in our pursuit of them. The path may be challenging, and we may face pressure to conform to others' expectations, but remember, TRUE SUCCESS COMES FROM STAYING TRUE TO YOURSELF.

UNDERSTAND THE POWER OF CONSISTENCY: I read it somewhere that Consistency is key to achieving long-term success. It’s not about quick wins or temporary recognition but about steadily working towards our vision every day. The wise men said "Those who succeed in life are those who keep pushing forward, even when it’s difficult."

Value Long-Term Vision Over Short-Term Gains: It’s tempting to seek immediate rewards by aligning with those in power, but remember that what the wise men said "True greatness comes from building something that lasts." Let's focus on developing skills, knowledge, and relationships that will serve us in the long run, not just in the moment.

In conclusion, my dear comrades, let us not be swayed by the fleeting allure of power or recognition. Instead, let us commit to a journey of self-discovery, integrity, and unwavering determination. The future of Kogi State and our country at large depends on young leaders like us who are not afraid to dream big, stand firm, and work tirelessly to turn those dreams into reality.

Let’s strive to be the change we want to see, not just by who we associate with, but by the values we uphold and the vision we pursue.

Yours in struggle,
Nazy Inyass

STAND FIRM IN YOUR VISION: A MESSAGE TO MY FELLOW COMRADES.
By Mohammed Naziru Suleiman (Nazy Inyass)

Dear Young Comrades,

In the wake of our recent graduation from universities, polytechnics, and other higher institutions across Kogi State and beyond, many of us are at a crossroads, trying to find our footing in the challenging terrain of our society. Some among us have chosen to join the ruling party, driven by the hope of securing opportunities or for reasons best known to them. However, the recent Supreme Court ruling has caused a stir, leading some to second-guess their decisions, deleting social media posts, and rethinking their affiliations. This confusion highlights a deeper issue which means many of us do not have a clear understanding of what we truly want.

It’s crucial to realize that life after graduation is not just about aligning ourselves with those in power. It’s about having a vision for our future and consistently working towards it, no matter the circumstances. Joining a party or being known by the ruling class should never be the ultimate goal. Instead, we must ask ourselves: WHAT DO I WANT TO ACHIEVE? WHAT IMPACT DO I WANT TO MAKE? HOW DO I WANT TO BE REMEMBERED?

I think this advice from me will be of help in our struggle to make it politically and beyond:

We should Know What we Want: Let's spend time reflecting on our values, passions, and long-term goals. This self-awareness is the foundation of a fulfilling and impactful life. Once we know what we want, everything else becomes clearer.

Let's Stand By Our Vision: When we've identified our goals, stand firm in our pursuit of them. The path may be challenging, and we may face pressure to conform to others' expectations, but remember, TRUE SUCCESS COMES FROM STAYING TRUE TO YOURSELF.

UNDERSTAND THE POWER OF CONSISTENCY: I read it somewhere that Consistency is key to achieving long-term success. It’s not about quick wins or temporary recognition but about steadily working towards our vision every day. The wise men said "Those who succeed in life are those who keep pushing forward, even when it’s difficult."

Value Long-Term Vision Over Short-Term Gains: It’s tempting to seek immediate rewards by aligning with those in power, but remember that what the wise men said "True greatness comes from building something that lasts." Let's focus on developing skills, knowledge, and relationships that will serve us in the long run, not just in the moment.

In conclusion, my dear comrades, let us not be swayed by the fleeting allure of power or recognition. Instead, let us commit to a journey of self-discovery, integrity, and unwavering determination. The future of Kogi State and our country at large depends on young leaders like us who are not afraid to dream big, stand firm, and work tirelessly to turn those dreams into reality.

Let’s strive to be the change we want to see, not just by who we associate with, but by the values we uphold and the vision we pursue.

Yours in struggle,
Nazy Inyass

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